Comat Technologies - About the company
Comat Technologies is an acquired company based in Bengaluru (India), founded in 1996 by Sriram Raghavan. It operates as an e-governance service provider. Comat Technologies has raised $22.7M in funding from investors like Omidyar Network, Avigo Capital Partners and Intel Capital, with last known valuation of $*****. The company has 67 active competitors, including 3 funded and 8 that have exited. Its top competitors include companies like GoGovApps, Simplicity and Viaesys.
Company Details
Comat Technologies provides e-governance solutions and services. The company deploys information and communication technology (ICT)-based G2C (Government to Citizen) and B2C (Business to Consumer) services delivery in rural and semi-urban areas. It provides services like employability training, job creation, financial inclusion, and government services. The company was founded in 1996 and is based in Bangalore, India. In May 2012, Comat Technologies was acquired by Glodyne Technoserve.
- Website
- comat.com
- Social
- Email ID
- *****@comat.com
- Phone Number
- +91 **********, +91 **********
- Registered Address
- No 333, Thimmaiah Road Vasanthnagar, opp: KSFC, Bangalore, Bangalore, Karnataka, India, 560052
Key Metrics
Founded Year
1996
Location
Bengaluru, India
Stage
Acquired
Total Funding
$22.7M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Oct 01, 2008
Investors
Ranked
4th among 67 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2018
Employee Count
155 as on May 31, 2026
Exit Details
Acquired by Glodyne Technoserve (Jun 10, 2011)
Legal entities associated with Comat Technologies
Comat Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
COMAT TECHNOLOGIES PRIVATE LIMITED CIN: U72200KA1996PTC020127 , India, Under liquidation | Mar 22, 1996 | 0 - ₹10 Cr (As on Mar 31, 2018) | - |
Comat Technologies's acquisition details
Comat Technologies got acquired by Glodyne Technoserve on Jun 10, 2011.
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Comat Technologies's funding and investors
Comat Technologies has raised a total funding of $22.7M over 3 rounds. Its first funding round was on Jan 24, 2007. Its latest funding round was a Series C round on Oct 01, 2008 for $*****. 2 investors participated in its latest round. Comat Technologies has 14 institutional investors and 34 angel investors.
Here is the list of recent funding rounds of Comat Technologies:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 01, 2008 | 7295172 | Series C | 7134707 | 2006960 | 1622032 | 1691679 |
Jan 30, 2008 | 9579156 | Series B | 8223864 | 6323623 | 5842477 | 5550035 |
Jan 24, 2007 | 4463519 | Series A | 1482919 | 1884362 | 7731768 |
Access funding benchmarks and valuations. Sign up today!View details of Comat Technologies's funding rounds and investors
Comat Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Comat Technologies is Sriram Raghavan. Sriram Raghavan is the CEO of Comat Technologies.
Here are the details of Comat Technologies' key team members:
- Sriram Raghavan: Founder & CEO of Comat Technologies and founder of 2 other companies, KludeIn and InKlude Labs. They serve on the board of 1 company.Contact Info: 3 email addresses
Comat Technologies' Board of Directors
Comat Technologies's board has 1 active member. Sriram Raghavan is part of team.Here is the list of Comat Technologies' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
lvyglen | Team | - | Past | 6y 2m |
uzxccct | Independent board member | - | Past | 1y 4m |
dxcfmbq | Independent board member | - | Past | 4y 9m |
View details of Comat Technologies's Founder profiles and Board Members
Comat Technologies' employee count trend
Comat Technologies has 155 employees as of May 26. Here is Comat Technologies's employee count trend over the years:
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Comat Technologies's Competitors and alternates
Top competitors of Comat Technologies include GoGovApps, Simplicity and Viaesys. Here is the list of Top 10 competitors of Comat Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GoGovApps 2016, Pleasanton (United States), Unfunded | Local government software solutions simplifying citizen engagement and internal operations | - | - | 52/100 |
2nd |  Simplicity 2019, Palo Alto (United States), Seed | Cloud-based suite solution for municipality & citizens | $10M | 50/100 | |
3rd | Provider of field service, salt tracking, dashcams, and weather camera solutions | - | - | 45/100 | |
4th |  Comat Technologies 1996, Bengaluru (India), Acquired | e-governance service provider | $22.7M | 43/100 | |
5th | Provider of SaaS-based platform for basic government tasks | $2.45M | 41/100 | ||
6th |  Give a Praj 2011, Herlev (Denmark), Unfunded | Mobile-based application for the municipality | - | - | 38/100 |
7th | BIS 1977, Piney Flats (United States), Acquired | Data systems design partnership company | - | - | 37/100 |
8th |  adam 2012, Milton Keynes (United Kingdom), Acquired | Online platform for public service delivery | - | 36/100 | |
9th | Clear Village 2009, Orlando (United States), Unfunded | Streamlining local government with innovative, efficient, and transparent software solutions | - | - | 35/100 |
10th | Spatial Data Logic 1999, Somerset (United States), Funding Raised | Software tools for Municipal department processes and workflows | - | 35/100 |
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Comat Technologies's Latest cap tables and shareholding
Founders own 18.96%, Funds (largest shareholder) own 51.96%, Enterprises own 7.70% and Other People own 16.59%. The net worth of Comat Technologies's founders is INR 36.6Cr as of Oct 01, 2008.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 18.96% | 36.6Cr | 1355260 | 2581292 | 8371067 | 3014637 |
51 | 79 | 53 | 61 | 45 | 94 | |
Fund | 51.96% | 100Cr | 3692804 | 5396223 | 9371290 | 3197483 |
5592990 | 8047203 | 4026813 | 4098711 | 3633313 | 5716391 | |
8159894 | 9690418 | 4944139 | 6148042 | 4051899 | 7807489 | |
6374055 | 5990638 | 7767554 | 4774196 | 7706982 | 2920893 | |
93628 | 86537 | 91413 | 19281 | 39330 | 43171 | |
Enterprise | 7.70% | 14.9Cr | 9641576 | 7790374 | 9250599 | 1663263 |
Other People | 16.59% | 32.1Cr | 6788074 | 5826511 | 1037576 | 4000457 |
Total | 95.21% | 184Cr | 4127271 | 6847258 | 2730632 | 7835447 |
To unlock detailed Cap Table of Comat Technologies Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Comat Technologies's Shareholding
Comat Technologies's Investments and acquisitions
Comat Technologies has made no investments or acquisitions yet.
Reports related to Comat Technologies
Here is the latest report on Comat Technologies's geography:
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